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Is Monetary Union Necessarily Counterproductive ?

Giuseppe Diana () and Blandine Zimmer ()

Working Papers of BETA from Bureau d'Economie Théorique et Appliquée, UDS, Strasbourg

Abstract: This paper analyses the case of a monetary union between identical countries characterised by oligopolistic competition in their labour market. It suggests that the switch to a common currency may improve their macroeconomic performances depending on labour market features.

Keywords: Monetary Union; Employment; Inflation. (search for similar items in EconPapers)
JEL-codes: E24 F33 J51 (search for similar items in EconPapers)
Date: 2005
New Economics Papers: this item is included in nep-cba, nep-mac and nep-mon
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (18)

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Persistent link: https://EconPapers.repec.org/RePEc:ulp:sbbeta:2005-06

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